WASHINGTON (3/15/12)--More than 4,000 credit union advocates from across the country are preparing to bring the credit union message to Washington during next week's Credit Union National Association (CUNA) Governmental Affairs Conference (GAC), and the usual Hike the Hill visits, which are a key element of the GAC, will be more important than ever with around 1,000 bankers also lobbying members of Congress that week.
Credit union advocates will meet with legislators and staff at all 535 offices of the U.S. Congress during the week, and key credit union issues, including the need for an increased credit union member business lending cap and greater access to supplemental capital, are on the agenda for these meetings. The regulatory burden faced by credit unions, which has become worse for credit unions through the financial crisis, will also be addressed, Ryan Donovan, CUNA senior vice president of legislative affairs, said.
Housing finance reform and cyber security issues are also high on the list of congressional priorities at the moment, and credit unions will have the chance to ensure they remain part of these conversations going forward by advocating their positions in their meetings next week.
While this year's GAC is later than the usual February dates, Donovan said the timing will be prefect for credit unions, as Congress enters the last significant work period before the 2012 elections begin.
Congress remains gridlocked on several issues, but the direct advocacy opportunity provided by the GAC gives credit unions a chance to break through the gridlock and ensure their voices are still heard by their elected representatives, Donovan added.
Credit union advocacy issues will be addressed in a Monday GAC briefing by CUNA staff, and Donovan also discussed CUNA's GAC plans in a recent CUbroadcast.com interview.
For more on the GAC, use the resource link.